The company's main business is manufacture of mining equipment in the theme of project. Up to now, the company has entered comprehensively into the fields of construction and mining equipment manufacturing. 

The annual sale of Xingbang Heavy Machinery in 2010 has been over one hundred million. At present, the enterprise has more than a thousand staff, among whom 90% are master degree or above.  

The predecessor of Xingbang Heavy Machinery Co., Ltd, founded in 1953, is a large-scaled state-owned enterprise directly subordinate to National Machinery Ministry.